Study On China's State-owned Enterprise's Financial Management Problems And Countermeasures

In recent years,large state-owned enterprises have achieved remarkable economic results in the construction of socialist market economy.And they provide outstanding performance in social responsibility.Become an important pillar of national economic development and social stability.SASAC supervision of state-owned enterprises,into a competitive market economic system,Implementation of a clear modern enterprise property rights system,Reconstruction of corporate governance structure,Establish and perfect enterprise management system,Promote the transformation and upgrading of traditional state-owned enterprises,Become a new era of competitive state-owned enterprises.In this paper,we discuss the financial supervision of the state owned enterprises under the state owned Power Grid Corporation.13 th Five-Year is the crucial period of comprehensive deepening reform.The reform of electric power and the reform of state-owned enterprises and the internal reform of electric power enterprises are going to happen at the same period.Market-oriented reforms Will have a profound impact on the company's management model,operating mechanism,business processes,external ecology.Many aspects of the state-owned power enterprises in our country do not meet the requirements of market competition and face many new challenges.Electric power enterprises gradually go from monopoly to market.The complexity of economic business and the difficulty of policy implementation are growing.Regulatory risk is also increasing.In this paper,the concept of the state-owned power enterprises,the characteristics of state-owned enterprises and the financial supervision of the objectives of the analysis.This paper analyzes the concept,characteristics and objectives of financial supervision of state-owned enterprises.And elaborate the related theory foundation of the state-owned enterprise financial supervision.Taking J electric Power Company as an example,this paper analyzes the current situation,problems and causes of the financial supervision of the electric power enterprises in China.The paper puts forward the path choice of China's state-owned enterprises' financial supervision in the future.Firstly,nowadays,In China,the financial supervision of state-owned power enterprises has already started and has been fruitful.Internal control system and internal control system has been basically established.However,the specific objectives of financial regulatory measures are not clear enough.Pertinence is not strong.Means is single.Based on Post Examination,Cannot effectively prevent the risk of the ex ante and effective supervision.After the implementation of the inspection and rectification efforts are inadequate.Secondly,because of the diversity of the target of the state-owned power enterprise,the goal of financial supervision of state-owned power enterprises is also complicated.At present,The political goal of the financial supervision of state-owned power enterprises,the goal of social responsibility and economic objectives,as well as the reform of electric power system,the reform of power transmission and distribution price and so on,all need to strengthen supervision.Establishing and perfecting the internal control system of state owned power enterprises.Reflect the actual operating results of enterprises.Last but not the least,taking J electric Power Company as an example,this paper analyzes the current situation of the financial supervision of large state-owned enterprises,and the reasons for the problems.Meanwhile,taking the following territorial enterprise L power supply company as an example,This paper analyzes the efforts made by the basic unit of state-owned enterprises in the financial supervision of state-owned enterprises.It is mainly embodied in the internal control system of the basic unit of state-owned enterprises,the responsibility of the financial department and the audit department as well as the state-owned enterprises in order to achieve effective financial supervision,to cultivate and improve the quality of personnel.In financial supervision aspect,for economic development,risk prevention and control awareness and enhance the business process is not reasonable,not smooth node or part of the process or the overall process reengineering to increase the ability and participation of financial supervision and prevention and control.Make it more in line with the actual needs of management;reduce the risk of capital management and control and management costs,to prevent grassroots staff fraud.In audit supervision asepct,the implementation of the concept of corporate governance,expand the audit field,participate in project management,carry out special audit on high risk expense,update and upgrade audit technology,implement serious accountability system and check the previous year of the establishment of the list of issues the pin number system.In personnel quality aspect,vigorously promote personnel training and moral education and enhance the financial supervision personnel and the basic staff of the business ability and ethics.